Financing, Credit, Investments : Economical Categories

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Financing, Credit, Investments : Economical Categories

Scientific functions in the ideas of finances plus credit, according to the specification of the research object, will be characterized to be many-sided and many-leveled.

The definition of wholeness from the economical associations formed in the particular process of development, distribution and usage of finances, as money sources is commonly spread. For example, in "the general theory of finances" you will discover two explanations of finances:

1) "... Finances indicate economical relations, creation with the funds of money sources, inside the process associated with distribution and redistribution of national statements according to the distribution plus usage". This description has relatively to the conditions involving Capitalism, when cash-commodity relations gain widespread character;

2) "Finances represent the organization associated with centralized ad decentralized money sources, economical relations relatively with the distribution plus usage, which provide for fulfillment with the state functions in addition to obligations and also provision of the conditions of the increased further production". This kind of definition is delivered without showing the particular environment of the action. We share partly such justification of finances plus think expedient to make some requirements.

First, finances defeat the bounds of distribution and redistribution service in the nationwide income, though that is a standard first step toward finances. Also, formation and usage of the fall fund which is the part of economic domain, belongs certainly not to the supply and redistribution associated with the national revenue (of newly formed value during the year), but for the distribution of currently developed value.

This latest first shows up to be some sort of part of value of main industrial cash, later it will be moved to the cost price of a ready product (that is always to the value too) along with its realization, plus its set the particular depression fund. Their source is used into account before hand as a depressive disorders kind in the consistence from the prepared products cost price.

Next, main goal of finances is significantly wider then "fulfillment from the state features and obligations plus provision of problems for the widened further production". Finances exist within the state level and also on typically the manufactures and branches' level too, in addition to in such situations, when the just about all portion of the manufactures are usually not state.

Sixth is v. M. Rodionova offers a different placement about this subject matter: "real formation regarding the financial resources commences on the stage of distribution, when the value is realized and concrete economical forms of the realized value happen to be separated from the consistence of the profit".  Credit and financial institutions V. M. Rodionova makes an highlight of finances, since distributing relations, any time D. S. Moliakov underlines industrial base of finances.

Though both of these people give quite confirm discussion of funds, as a method of formation, distribution and usage of typically the funds of money resources, that arrives associated with the following meaning of the finances: "financial cash relations, which forms in typically the process of distribution and redistribution involving the partial value of the national riches and total interpersonal product, is related with the subjects regarding the economy plus formation and usage of the condition cash incomes in addition to savings in typically the widened further production, in the stuff stimulation of the workers for satisfaction with the society social and also other requests".

Inside the manuals associated with the political overall economy we meet using the next definitions associated with finances:

"Finances of the socialistic condition represent economical (cash) relations, with the aid of which, in the method of planned submission of the earnings and savings the funds of money types of the state and socialistic companies are formed for guaranteeing the expansion regarding the production, increasing the material plus cultural level involving the people as well as for satisfying other basic society requests".

"The system of creation and usage regarding necessary funds of cash resources with regard to guarantying socialistic widened further production represent exactly the finances of the socialistic culture. And the totality of economical contact arisen between express, manufactures and businesses, branches, regions and even separate citizen in line with the movement of funds funds make economic relations".
As we have seen, definitions associated with finances made by simply financiers and personal economists never fluctuate greatly.